Astrategistis a person with responsibility for the formulation and implementation of astrategy.Strategy generally involves setting goals, determining actions to achieve the goals, and mobilizing resources to execute the actions. A strategy describes how the ends (goals) will be achieved by the means (resources). The senior leadership of an organization is generally tasked with determining strategy. Strategy can be intended or can emerge as a pattern of activity as the organization adapts to its environment or competes. It involves activities such asstrategic planningandstrategic thinking.[1]

Types of strategists by field

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The strategy role exists in a variety of organizations and fields of study.

In large corporations, strategic planners or corporate financial planning and analysis (FP&A) personnel are involved in the formulation and implementation of the organization's strategy. The strategy is typically set by business leaders such as thechief executive officerand key business or functional leaders and is reviewed by theboard of directors.[1]

AnAI strategistuses evidence and reason to make circumstance-dependent decisions that shape the development of AI towards a set of desired outcomes. The scope of AI development can range from within small organizations to global landscape.

Adesign strategisthas the ability to combine theinnovative,perceptiveandholisticinsights of adesignerwith thepragmaticandsystemicskills of aplannerto guidestrategicdirection in context of business needs,brandintent,designquality and customervalues.[2][3][4][5][6]

Aneconomic strategistis a person who can create a sustainable commercial advantage by applyinginnovativeandquantitativeideas and systems at asell sidefinancial institution.

Apolitical strategistis a multi-discipline strategist who works within political campaigns. Also known aspolitical consulting,the political strategist will advise a campaign on a range of activities such asmedia,resourcing,opposition research,opinion pollingand engagement strategy.

Asport strategistis a professional that performs scouting and analysis of the players involved in an upcoming competitive match. Sports strategists typically analyze film footage, organize video libraries, and recommend attacks and defensive strategies in order to capitalize on an opponent's weaknesses.

Working closely with investment managers, aprincipal investment strategistcontributes revenue by providing principal investmentanalyticsand alternative product structuring.

Asales strategistdevelopsinnovativetrade ideas and assists in themarketingof those trades tobuy sideclients.

Abanking strategistpartners with investment bankers and capital market experts oncorporate financeand capital structure analyses to identify and execute banking transactions.

Atrading strategistcontributesrevenueto the business in which his team is embedded by developing and deliveringinnovativetrade ideas, models andanalyticsystems to the trading desk.

Within thefinancial servicesindustry, strategists are known as“strats”.

Amilitary strategistdevelops strategies in the field ofwarfarewith the objective of outmaneuvering their opponent.

AnIT Strategistdevelops an IT strategy that is aligned with the businessstrategyto implement systems to give business processesefficiencyandproductivitygains and therefore a possiblecompetitiveadvantage.

Strategist as a personality type

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Strategists are known to have an INTJ personality trait[citation needed],based on the Myers-Briggs Type Indicator (MBTI). TheMBTIwas derived from PsychiatristCarl Jungtheory of psychological types enabling us to have a better understanding of people's personality traits and what their strengths are as a person, although the research shows MBTI to be an unreliable measure of categorising personality types.[7]It is commonly found[weasel words]that strategists are more prone to possess a combination of 4 specific personality traits, which includes Introversion, Intuition, Thinking and Judgment (forming the acronym INTJ). However, this combination of personality traits is known to be very rare among people[citation needed],making strategists to be very sought after especially by major[clarification needed]firms.[8]Dr. Vladimir Kvint defined strategist as a wise, disciplined, and optimistic professional with a strategic mindset, a vision of the future, and intuition.[9]It is possible at times to find that the vision or ideas of a strategist may not be align with conventional ideas which can make it difficult for others to accept or envision.[10]

Career paths

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People who possess a strategist mindset are generally capable of doing well in any possible field due to the various traits that they own[citation needed].Strategists tend to follow a career path that challenges them mentally in terms of development, and seek to work with people who are in the same caliber in terms of intelligence and competency[citation needed].As it is highly likely that people with a strategist mindset tend to be more single-minded and may not be appreciative of others' effort[weasel words],it is crucial for them to work in a suitable working environment.

Common careers that strategists tend to choose are:

  1. Academia[11]
  2. Computing[11]
  3. Engineering[11]
  4. Sciences[11]
  5. Project Management[11]
  6. Research and development[11]
  7. Management[11]

Strategists can have a variety of backgrounds such journalism, speech writing, data analyzing, or telemarketing. People with a background of public relations or advertising can be hired as strategists because of their experience in market research and message delivery.[12]

See also

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References

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  1. ^abMintzberg, Henry and, Quinn, James Brian (1996).The Strategy Process: Concepts, Contexts, Cases.Prentice Hall.ISBN978-0-132-340304.{{cite book}}:CS1 maint: multiple names: authors list (link)
  2. ^Lindinger, H., (1991),Ulm Design: The Morality of Objects,Cambridge: The MIT Press.
  3. ^Gorb, P., (1990)Design Management,London: Phaidon Press
  4. ^”Design Management”,Papers from the London Business School,London: Architecture & Technology Press, 1990.
  5. ^Chung, K.; Freeze, K., “Design Strategy at Samsung Electronics: Becoming a Top-Tier Company″,Design Management Institute Case Study - Harvard Business School Publishing,2008.
  6. ^Mataruna, L.; DaCosta, L.P., “Video-Scout Methods in Sports",The Brazilian Judo Methods - Case Study - Gama Filho University,2010.
  7. ^Measuring the MBTI... And Coming Up Short by David J. Pittenger [online]https://jobtalk.indiana.edu/HRMWebsite/hrm/articles/develop/mbti.pdf[Accessed 22 Sep 2020]
  8. ^Alignedsigns.com, (2014). MBTI® Personality Type: Overview of INTJ, The "Strategist" -. [online] Available at:https://www.alignedsigns.com/blog/MBTI-Personality-Type-Overview-of-INTJ-The-Strategist.htm[Accessed 26 Oct. 2014].
  9. ^Kvint, Vladimir ( 2016 ). Strategy for the Global Market. Routledge, p. 43.
  10. ^Teamtechnology.co.uk, (2014). INTJ Personality Types In-Depth. [online] Available at:http://www.teamtechnology.co.uk/personality/types/intj/overview/[Accessed 26 Oct. 2014].
  11. ^abcdefgTeamtechnology.co.uk, (2014). INTJ careers (based on research). [online] Available at:http://www.teamtechnology.co.uk/personality/types/intj/careers/[Accessed 26 Oct. 2014].
  12. ^Sides, J., Shaw, D. R., Grossmann, M., & Lipsitz, K. (2018).Campaigns & Elections(3rd ed., pp. 153-155). New York: W.W. Norton and Company.